CABLE today @1.3330
Interesting situation which rule weighted more? the levels trading or traditional rule
A/
+1/8 over shooting
at R2
presence of sellers under average
neg Pin, hit against weekly mnthly high, dark cloud forming
or B/
cross up major level, close above, >>EB
Currency strength +2.4/7.1
pos CMF
still more strength in CMF, color from Red to lime
I wait as M15 show divergence in CMF, but on chart nice plateau for possible pushing up
if price breaks above 1.33525 it is a break out upwards; if break below 1.3325 it comes back down, decision for S trade is below major level 1.3305,, in 115 min
Interesting situation which rule weighted more? the levels trading or traditional rule
A/
+1/8 over shooting
at R2
presence of sellers under average
neg Pin, hit against weekly mnthly high, dark cloud forming
or B/
cross up major level, close above, >>EB
Currency strength +2.4/7.1
pos CMF
still more strength in CMF, color from Red to lime
I wait as M15 show divergence in CMF, but on chart nice plateau for possible pushing up
if price breaks above 1.33525 it is a break out upwards; if break below 1.3325 it comes back down, decision for S trade is below major level 1.3305,, in 115 min